Binance to Support Horizen (ZEN) Contract Swap in July 2025

Binance announced support for the Horizen (ZEN) contract swap on July 21, 2025, suspending deposits/withdrawals.

The contract swap’s significance hinges on Binance’s role, ensuring a smooth transition for ZEN holders. No market disturbances are anticipated.

Binance will handle all technical requirements for the Horizen (ZEN) swap, with deposits and withdrawals suspended from July 21, 2025. This step is part of facilitating a contract upgrade process. The exchange’s official announcement provided details for affected users, emphasizing minimal disruption.

The primary action includes suspending any movements of old ZEN tokens during the process. This management by Binance minimizes direct user involvement, ensuring seamless progression through the contract swap. No major social media commentary from Horizen’s leadership has been noted.

The focus remains on ZEN token holders, as other cryptocurrencies should remain unaffected by the swap procedure. The suspension affects only ZEN transfers, without broader implications for ETH, BTC, or other token markets.

The absence of direct expert commentary does not lessen the swap’s logistics, with Binance previously conducting similar upgrades. Past efforts suggest limited market impact and consistent user support, though no major institutional reactions have been recorded.

At 2025-07-21 03:00 (UTC), deposits and withdrawals of old ZEN tokens will be suspended. Please ensure that you leave sufficient time for your…

Predicted outcomes revolve around efficient processing without broader economic disruptions. Future processes might reflect on these operations, establishing procedural benchmarks. Confidence in Binance as a processing entity remains steadily positive among users, according to past precedent analysis.